KRISTIAN HOVELSRUD AS

0685 OSLO

Finances

Share Ownership

Return on Equity

86,33 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	65 777 000	66 122 000	16 217 000
Net Income	1 263 000	1 158 000	−115 000
Total Assets	7 949 000	6 662 000	6 932 000
Total Equity	1 463 000	1 000 000	385 000

Income (NOK)	2022	2021	2020
Revenue	65 777 000	66 122 000	16 217 000
Expenditure	64 197 000	64 671 000	16 331 000
Operating Profit	1 579 000	1 450 000	−115 000
Financial Income	42 000	2 000	0
Financial Costs	1 000	0	0
Financial Balance	41 000	2 000	0
Earnings Before Tax	1 620 000	1 452 000	−115 000
Tax	357 000	294 000	0
Net Income	1 263 000	1 158 000	−115 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	525 000	644 000	64 000
Total Current Assets	7 424 000	6 018 000	6 868 000
Total Assets	7 949 000	6 662 000	6 932 000
Total Retained Equity	963 000	500 000	−115 000
Total Equity	1 463 000	1 000 000	385 000
Total Long-Term Debt	26 000	22 000	0
Total Current Debt	6 460 000	5 640 000	6 547 000
Total Equity and Debt	7 949 000	6 662 000	6 932 000

Cash flow (NOK)	2022	2021	2020
Sales Income	64 169 000	64 995 000	15 977 000
Other Income	1 608 000	1 127 000	240 000
Revenue	65 777 000	66 122 000	16 217 000
Cost of Goods Sold	54 118 000	54 762 000	13 546 000
Salary Costs	3 795 000	3 569 000	993 000
Depreciation	79 000	40 000	2 000
Impairment	0	0	0
Expenditure	64 197 000	64 671 000	16 331 000
Operating Profit	1 579 000	1 450 000	−115 000
Financial Income	42 000	2 000	0
Financial Costs	1 000	0	0
Financial Balance	41 000	2 000	0
Dividends	800 000	543 000	0
Net Income	1 263 000	1 158 000	−115 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	493 000	579 000	64 000
Total Tangible Assets	493 000	579 000	64 000
Total Fiancial Fixed Assets	32 000	65 000	0
Total Fixed Assets	525 000	644 000	64 000
Stock	3 481 000	2 739 000	3 019 000
Total Investments	0	0	0
Cash, Bank	3 703 000	3 006 000	3 152 000
Total Current Assets	7 424 000	6 018 000	6 868 000
Total Assets	7 949 000	6 662 000	6 932 000
Total Equity	1 463 000	1 000 000	385 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	26 000	22 000	0
Creditors	4 046 000	3 662 000	5 474 000
Unpaid Taxes	259 000	278 000	232 000
Dividends	800 000	543 000	0
Other Current Debt	1 001 000	885 000	841 000
Total Current Debt	6 460 000	5 640 000	6 547 000
Total Equity and Debt	7 949 000	6 662 000	6 932 000

Financial indicators	2022	2021	2020
Return on Equity	86,33 %	115,8 %	−29,87 %
Debt-to-Equity Ratio	0,02	0,02	0
Operating Profit Margin	2,4 %	2,19 %	−0,71 %
Current Ratio	1,15	1,07	1,05
Quick Ratio	2,49	2,07	1,95
Equity Ratio	0,18	0,15	0,06
Gross Profit Margin	17,73 %	17,18 %	16,47 %